AMARILLO, Texas, April 14 /PRNewswire/ -- Amarillo Biosciences, Inc.
(Nasdaq: AMAR) today announced that Richard Franco, Chairman/CEO and
co-founder of LipoMed, Inc. of Raleigh, North Carolina has been nominated to
serve on the Board of Directors of Amarillo Biosciences. Mr. Franco was
formerly president of The Richards Groups LTD of Raleigh and President/CEO of
Trimeris, Inc. of Research Triangle Park. Mr. Franco has held senior
management posts at Eli Lilly & Company and Glaxo, Inc. and served as a
director of Entremed, Inc. in Rockville, Maryland.
Dr. Edward Amento, Director and Chairman of the Molecular Medicine
Research Institute, Mountain View, California also has been nominated for a
board position. Dr. Amento was formerly the President and co-founder of
Connective Therapeutics (now Connectics Corp.) of Palo Alto, California. Dr.
Amento held senior positions at Genentech from 1987 to 1993. Prior to joining
Genentech, Dr. Amento held various teaching and research positions at Harvard
Medical School. Currently, Dr. Amento is clinical professor of medicine and
dermatology at Stanford University School of Medicine.
"We are delighted that Mr. Richard Franco and Dr. Edward Amento have
consented to serve on our Board of Directors," said Dr. Joseph M. Cummins,
President and CEO. "Upon election, they will begin serving after our annual
shareholder's meeting, May 11, 1999. They will add vast and diverse
experience to our Board."
Founded in 1984, Amarillo Biosciences is a world leader in the development
of low dose oral interferon alpha as a treatment for a variety of conditions
including Sjogren's syndrome, fibromyalgia, opportunistic infections in
patients who are HIV positive, hepatitis B and hepatitis C.
Interferon plays a critical role in immune system modulation. High dosage
injectable interferon is currently used for the treatment of cancer, multiple
sclerosis and hepatitis in humans. Amarillo Biosciences is an emerging
biopharmaceutical company incorporated in 1984 and dedicated to the
development of oral and topical applications of low dose interferon for human
and animal health applications. Low dose interferon has the potential to be
less costly and to have fewer side effects than high dose injectable
interferon.
SOURCE Amarillo Biosciences, Inc.
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CONTACT:
Kathleen L. Kelleher, COO and Vice President,
Business Development of Amarillo Biosciences, Inc., 806-376-1741,
or email, ABI@AmarBio.com
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